Montpelier, Vermont Median Income

Montpelier, Vermont has a population of 8,111, with a median household income of $76,118.

Current median income data for Montpelier.

$76,118

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Population

8,111

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Median Income

$76,118

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Unemployment

3.00%

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Housing Price

$388,700

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Crime Rate

5.80

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Internet Speed

231.40 Mbps

Montpelier is a small local community located in Vermont. The city has a population that is above the average city population in Vermont, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Montpelier, located in Vermont, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Montpelier has a population of 8,111, which is higher than the state average. This indicates a relatively larger urban presence within Vermont.

Income and Economy

The median household income in Montpelier is $76,118, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Montpelier average around $388,700, which is relatively high compared to other cities in Vermont.

Employment and Safety

The unemployment rate in Montpelier is 3.00%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Montpelier are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Vermont, Montpelier shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Vermont, Montpelier contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Montpelier

What is the population of Montpelier?

The population of Montpelier is approximately 8,111.

Is Montpelier a good place to live?

Montpelier offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Montpelier?

The median household income in Montpelier is around $76,118.

How expensive is housing in Montpelier?

The average housing price in Montpelier is approximately $388,700.